No one can be guaranteed funding without first going through the simple process of applying. The government distributes billions of pounds each year to people just like you, but most never even attempt to apply. You can leverage our knowledge and expertise to make the application much easier and give yourself a greater chance of success.
The taxable status of United Kingdom government small business assistance may vary from programme to programme. When applying, be sure to research the taxable status of the programmes you are interested in so you can be assured of possessing all the information you require
There are a number of different programmes that relate to specific industries. These include everything from fishing to publishing, but there are also programmes that are more general. These are available to almost anyone, from various types of businesses and industries. You can check out our recipientsí database to find out more about people who have already received funding from the government.
Certainly. Actually, we try to encourage businesses to apply to as many different programmes as they can. This greatly improves your potential chance of receiving funding, and itís a common strategy that most businesses use to ensure they give themselves the best chance possible.
There are specification application processes for each grant programme. The difficulty is that the process is often presented in a very complex manner by the various government departments. We work to ensure that you can understand these processes as quickly and fully as possible.
If you are a small business, there are a number of different training programmes, information packages, and consulting services that the government will provide to you for a nominal fee (or completely free). This will help your business grow through professional help, and is particularly useful if you are in the early-stages of your venture.
These particular programmes give you access to a wide variety of government resources, such as equipment or trained staff. Whilst these are generally too expensive for most small business owners, the government steps in to help them grow the business. This could also be arranged through private contractors that are then paid by the government.
Potentially very quickly. Receiving financial aid could take from just two weeks to more than a year, and is entirely dependant on the programme which you have applied to. Itís definitely true that the earlier you apply to a particular programme, the earlier you will probably be accepted into it. There are, however, deadlines for many of the programmes, and these must be heeded when making your application.
These are contributions from the government that are effectively investments without any risk on your part. If your business fails, the contribution will not need to be repaid. This is similar to an agreement with a venture capitalist where they assume the majority of the risk. This is a completely risk-free opportunity to start your business.
Equity financing occurs when your government invests in your business for a certain amount of equity. This is helpful because, unlike normal investors, the government will not pressure you as much to ensure a return on their investment in a short time.
A government grant is essentially a sum of money provided by the government which it is not necessary to repay. You can use this funding for any number of purposes that are intended to support your business. The grant could also simply be in the form of a government service that would normally cost you money, but is provided free of charge (for example, free consulting services). A grant could also be in the form of tax relief.
A government loan is slightly different from a grant in that it must be repaid. However, there is little or no interest to be paid to the government on the loan. These loans are also generally over long period to allow you plenty of time to repay them. Itís also possible to obtain a loan from a chartered bank, which would then be guaranteed by the government.
This is a guarantee made by the government to buy the goods or services that you produce. The government becomes a customer or client of yours to help ensure that your business will always have a core client base to fall back on. This can help increase the amount of confidence that customers have in your business.
These are essentially tax breaks that are provided by the government to allow you to reduce the amount of tax you pay each year. This could be in the form of expenditure deduction, or simply a refund on the annual tax payment. These breaks can allow your business more freedom in terms of cash flow and growth.
Government funded insurance takes some of the risk away from the borrowing that you do with your business. The government will step in and pay back any or all of your outstanding loans if your project fails. This insurance is generally extremely cheap, costing just a fraction of the normal premium that most insurance companies would charge. This allows you to guarantee any borrowing which should make you more successful when applying for a loan.
The usual method is to contact each government department and ask them for specific details about the programmes they offer. This, of course, takes a great deal of time, and is incredibly inefficient. Instead, you can use the UK Business Funding Centre to find out all the information for you, in an easy-to-understand and efficient manner.
The UK Business Funding Centre has a strong research team to track every programme that is available in every part of the UK. We help business owners easily find out if there are programmes available to them in their location/industry, and if one exists, we will find it for you. Consider looking over our list of recipients to see just some of the different funding options that are available from the government.
No. These rumours have been born from news that certain government programmes are being cut, but in truth other programmes have been introduced and the same level of funding is still available. There are many different funding programmes that are available to small businesses, just as there have been for a number of years.
You may not know it yet, but there are probably thousands of different ways that you could receive financial aid from the government. You could receive a loan (with little or no interest due), a grant, a subsidy, tax refunds, government funded insurance, government purchase guarantees, conditionally repayable contributions, property tax grants, equity financing programmes, and many more. The UK Business Funding Centre offers you comprehensive information about each and every programme that is available to you, including: titles of government programmes, ministry or government Department funding said programme, the eligibility requirements for government funding, benefits of government funding and lastly full contact information.
Business partners are required to fill out a joint application, but this will generally not affect your eligibility for a particular programme. Itís important to look at each individual programme to check whether you are eligible, while there are still a number of programmes that you can probably apply to individually.
The government has been giving financial aid to small businesses for a number of years, but it has kept it very quiet. The UK government understands that small businesses are hugely important for the success of the economy, and so they support them in every way they possibly can. They spend billions of pounds every year to help small business owners just like you grow their businesses. The government provides loans, grants, and several other methods of financial aid. It is in the governmentís interest to ensure that small businesses are thriving, and so funding will always be available.
No you will not. The only condition is that you use any funding you receive for the specific purpose which you stated in your application. The administrators of the programme may ask for proof of spending, so be sure to keep any receipts of purchase.
Doing your own research is time consuming and requires a number of different resources. Itís unlikely that both of those commodities are going to be available to you, and our centre gives you all the information you need in a matter of minutes. Of course, there are consultants who could help you, but itís likely that youíre going to end up spending thousands of pounds for the privilege of using their services, and there are certainly no guarantees that you will be successful.
The UK Business Funding Centre does not provide direct funding, instead we give you the information you need to request that funding from the government. We provide vital information to make the process easier and more successful, yet we are not able to guarantee that you will receive funding from the government. The UKBFC tries very hard to ensure that all of the information we provide is completely up to date and free of errors. However, we cannot be held responsible if changes are made by specific government departments, because the programmes are constantly being revised.
Many of the programmes that are available have an annual limit on funding and may become depleted, and so your application could be rejected because of this. However, it is generally easy to apply again the following year for the same programme. In order to make sure the information that you have is completely correct, you should check with the individual governmental departments that you are working with before you make any major decisions.
We make no claim that any recipients listed or success story profiled received funding as a result of UK Business Funding Centre services and products unless specifically stated. We provide both resources to the public to show that monies are available for those who qualify and that its much easier than most people think to get funding if you understand the process and take action to apply.
The UK Business Funding Centre is an independent research organization (for profit) and is not affiliated with any government agency. We closely monitor hundreds of government programmes that are available to British entrepreneurs in all regions and counties. To date, we have supplied many businesses with information on how to receive government grants and loans in a simple way. For further inquiries write us at UK Business Funding Centre, 27 Old Gloucester Street, London, WC1N 3AX.
UKBFC provides a searchable online directory of government grants and loans offered by both the UK government and European Union. This constantly updated directory is offered for 30 days at a cost of £374 +VAT. For your convenience we can split the payments into two instalments of £187+VAT each. Your credit card statement will show "theukbfc.org 0800 082 3449". Clients after 30 days can receive an additional 11 months access for a nominal fee of £1.
Due to the fact that our copyrighted materials can be copied much like software, they are not normally refundable with the exception of the condition listed below. Usual cancellation periods do not apply once the service has started and the online database has been accessed. It is also tax-deductible as a business expense.
Fees are 100% refundable when you obtain government funding for your business AND provide us with details of your success story to share with our readers and clients. Just send us the acceptance letter from a recognised government agency and we will contact you and ask some questions about the process you went through to get the funding. This information will then appear on our website and publications. Once we have received the required proof and the details of your success story, 100% of your purchase price will be refunded.
All our clients are offered our monthly news magazine delivered through the post. The monthly fee is £14.95 +VAT and can be cancelled at any time.
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